Iran Real Effective Exchange Rate

1979 - 2024 | Monthly | 2005=100 | CEIC Data

Key information about Iran Real Effective Exchange Rate

  • Iran Real Effective Exchange Rate (REER: 2005=100: Month Avg: Iran) was 787.8 in Mar 2024, compared with the number of 776.2 in the previous month.
  • Iran Real Effective Exchange Rate data is updated monthly and averaged 787.8 from Jan 1979 to Mar 2024.
  • The data reached an all-time high of 787.8 in Mar 2024 and a record low of 68.2 in Aug 1992.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. The International Monetary Fund provides Real Effective Exchange Rate with base 2010=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.
  • Iran Exchange Rate against USD averaged 42,000.0 (USD/IRR) in Jun 2023.
  • View Iran's Real Effective Exchange Rate from Jan 1979 to Mar 2024 in the chart:

    Iran Real Effective Exchange Rate

    What was Iran's Real Effective Exchange Rate in Mar 2024?

    Iran Real Effective Exchange Rate (REER: 2005=100: Month Avg: Iran) was 787.8 in Mar 2024, compared with the number of 776.2 in the previous month. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    787.8 Mar 2024 776.2 Feb 2024 68.2 Aug 1992 787.8 Mar 2024 2005=100 monthly Jan 1979 - Mar 2024

    Real Effective Exchange Rate by Country Comparison

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    Includes Real Effective Exchange Rate on 92 economies standardised by CEIC. Instant access to full history data in excel.
    country/region Last Frequency Range
    Algeria (2005=100) 103.1 Mar 2024 monthly Jan 1994 - Mar 2024
    Argentina (2005=100) 60.1 Apr 2024 monthly Jan 1997 - Apr 2024
    Armenia (2005=100) 239.9 Mar 2024 monthly Jan 1997 - Mar 2024
    Australia (2005=100) 102.0 Feb 2024 monthly Jan 1994 - Feb 2024
    Austria (2005=100) 104.0 Apr 2024 monthly Jan 1993 - Apr 2024
    Azerbaijan (2005=100) 151.2 Mar 2024 monthly Jan 2005 - Mar 2024
    Bahrain (2005=100) 95.9 Mar 2024 monthly Jan 1980 - Mar 2024
    Bangladesh (2015-2016=100) 102.0 2023 yearly 2011 - 2023
    Belarus (2005=100) 101.0 Dec 2014 monthly Jan 1996 - Dec 2014
    Belgium (2005=100) 102.4 Apr 2024 monthly Jan 1993 - Apr 2024
    Bolivia (2005=100) 54.0 Mar 2024 monthly Jan 1991 - Mar 2024
    Bosnia and Herzegovina (2005=100) 98.4 Feb 2024 monthly Jan 2005 - Feb 2024
    Botswana (Dec2018=100) 97.1 Aug 2023 monthly Dec 2009 - Aug 2023
    Brazil (2005=100) 93.3 Mar 2024 monthly Jan 1988 - Mar 2024
    Bulgaria (2005=100) 130.1 Apr 2024 monthly Jan 1993 - Apr 2024
    Canada (2005=100) 90.6 Mar 2024 monthly Jan 1999 - Mar 2024
    Chile (2005=100) 115.6 Mar 2024 monthly Jan 1986 - Mar 2024
    China (2005=100) 135.6 Mar 2024 monthly Jan 1994 - Mar 2024
    Colombia (2005=100) 112.2 Apr 2024 monthly Jan 1990 - Apr 2024
    Croatia (2005=100) 102.2 Apr 2024 monthly Jan 1993 - Apr 2024
    Cyprus (2005=100) 90.8 Apr 2024 monthly Jan 1993 - Apr 2024
    Czech Republic (2005=100) 152.4 May 2023 monthly Jan 1995 - May 2023
    Denmark (2005=100) 96.8 Dec 2023 monthly Jan 1970 - Dec 2023
    Ecuador (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
    Estonia (2005=100) 142.6 Apr 2024 monthly Jan 1993 - Apr 2024
    European Union (2005=100) 92.2 Apr 2024 monthly Jan 1993 - Apr 2024
    Finland (2005=100) 94.5 Apr 2024 monthly Jan 1993 - Apr 2024
    France (2005=100) 91.2 Apr 2024 monthly Jan 1993 - Apr 2024
    Georgia (2005=100) 139.6 Mar 2024 monthly Dec 1995 - Mar 2024
    Germany (2005=100) 94.9 Apr 2024 monthly Jan 1993 - Apr 2024
    Ghana (2005=100) 69.1 Mar 2024 monthly Dec 1979 - Mar 2024
    Greece (2005=100) 93.1 Apr 2024 monthly Jan 1993 - Apr 2024
    Hong Kong SAR, China (2005=100) 109.0 Feb 2024 monthly Jan 1994 - Feb 2024
    Hungary (2005=100) 102.0 Mar 2024 monthly Jan 1990 - Mar 2024
    Iceland (2005=100) 89.8 Mar 2024 monthly Jan 1979 - Mar 2024
    India (2005=100) 114.8 Mar 2024 monthly Apr 2004 - Mar 2024
    Indonesia (2005=100) 114.8 Mar 2024 monthly Jan 1994 - Mar 2024
    Iran (2005=100) 787.8 Mar 2024 monthly Jan 1979 - Mar 2024
    Ireland (2005=100) 83.5 Apr 2024 monthly Jan 1993 - Apr 2024
    Israel (2005=100) 123.2 Feb 2024 monthly Jan 1994 - Feb 2024
    Italy (2005=100) 94.5 Jun 2023 monthly Jan 1993 - Jun 2023
    Ivory Coast (2005=100) 96.9 Mar 2024 monthly Dec 1979 - Mar 2024
    Japan (2005=100) 55.3 Mar 2024 monthly Jan 1970 - Mar 2024
    Kazakhstan (2005=100) 101.9 Mar 2024 monthly Jan 1995 - Mar 2024
    Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
    South Korea (2005=100) 84.0 Feb 2024 monthly Jan 1994 - Feb 2024
    Kosovo (Jan2007=100) 118.9 Mar 2024 monthly Dec 2006 - Mar 2024
    Kyrgyzstan (2005=100) 135.1 Feb 2024 monthly Jan 2000 - Feb 2024
    Latvia (2005=100) 131.7 Apr 2024 monthly Jan 1993 - Apr 2024
    Lithuania (2005=100) 131.6 Apr 2024 monthly Jan 1993 - Apr 2024
    Luxembourg (2005=100) 98.7 Apr 2024 monthly Jan 1993 - Apr 2024
    North Macedonia (2005=100) 111.5 May 2023 monthly Jan 1993 - May 2023
    Malawi (2010=100) 78.4 Mar 2024 monthly Dec 1979 - Mar 2024
    Malaysia (2005=100) 85.4 Mar 2024 monthly Jan 1994 - Mar 2024
    Malta (2005=100) 97.1 Apr 2024 monthly Jan 1993 - Apr 2024
    Mexico (2005=100) 88.5 Feb 2024 monthly Jan 1968 - Feb 2024
    Moldova (2005=100) 219.5 Mar 2024 monthly Nov 1993 - Mar 2024
    Mongolia (2005=100) 120.4 Feb 2024 monthly Jan 2000 - Feb 2024
    Morocco (2005=100) 95.0 Mar 2024 monthly Jan 1988 - Mar 2024
    Netherlands (2005=100) 97.5 Apr 2024 monthly Jan 1993 - Apr 2024
    New Zealand (2005=100) 98.1 Mar 2024 monthly Jan 1984 - Mar 2024
    Nigeria (2005=100) 66.0 Mar 2024 monthly Dec 1979 - Mar 2024
    Norway (2005=100) 74.6 Mar 2024 monthly Jan 1994 - Mar 2024
    Pakistan (2010=100) 98.8 Dec 2023 monthly Jan 2013 - Dec 2023
    Paraguay (2005=100) 69.4 Mar 2024 monthly Jan 1995 - Mar 2024
    Peru (2005=100) 91.3 Apr 2024 monthly Jan 1991 - Apr 2024
    Philippines (2005=100) 146.3 Apr 2024 monthly Jan 1993 - Apr 2024
    Poland (2005=100) 113.3 Mar 2024 monthly Jan 1994 - Mar 2024
    Portugal (2005=100) 93.6 Apr 2024 monthly Jan 1993 - Apr 2024
    Romania (2005=100) 113.6 Mar 2024 monthly Jan 1994 - Mar 2024
    Russia (2005=100) 94.7 Feb 2024 monthly Jan 1994 - Feb 2024
    Saudi Arabia (2005=100) 126.8 Feb 2024 monthly Jan 1994 - Feb 2024
    Serbia (2005=100) 141.4 Mar 2024 monthly Jan 2002 - Mar 2024
    Singapore (2005=100) 133.6 Feb 2024 monthly Jan 1994 - Feb 2024
    Slovakia (2005=100) 138.2 Apr 2024 monthly Jan 1993 - Apr 2024
    Slovenia (2005=100) 101.7 Apr 2024 monthly Jan 1993 - Apr 2024
    South Africa (2005=100) 84.1 Feb 2024 monthly Jan 1970 - Feb 2024
    Spain (2005=100) 97.4 Apr 2024 monthly Jan 1993 - Apr 2024
    Sri Lanka (2017=100) 75.2 Apr 2024 monthly Jan 2013 - Apr 2024
    Sweden (2005=100) 80.2 Mar 2024 monthly Jan 1994 - Mar 2024
    Switzerland (2005=100) 112.2 Apr 2024 monthly Jan 1973 - Apr 2024
    Taiwan (2005=100) 92.4 Mar 2024 monthly Jan 1994 - Mar 2024
    Thailand (2005=100) 116.9 Feb 2024 monthly Jan 1994 - Feb 2024
    Tunisia (2005=100) 82.2 Mar 2024 monthly Jan 1979 - Mar 2024
    Turkey (2005=100) 53.0 Apr 2024 monthly Jan 1994 - Apr 2024
    Ukraine (2005=100) 83.8 Mar 2024 monthly Dec 1992 - Mar 2024
    United Arab Emirates (2005=100) 125.4 Feb 2024 monthly Jan 1994 - Feb 2024
    United Kingdom (2005=100) 87.3 Mar 2024 monthly Jan 1994 - Mar 2024
    United States (Jan2006=100) 116.5 Apr 2024 monthly Jan 2006 - Apr 2024
    Uruguay (2005=100) 44.1 Mar 2024 monthly Jan 2000 - Mar 2024
    Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
    Zambia (2005=100) 132.7 Jan 2024 monthly Jan 2013 - Jan 2024

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    Iran Key Series

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    Includes 158 key indicators for Iran, curated by CEIC analysts. Instant access to full history data in excel.
    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
    Consolidated Fiscal Balance (USD mn) -13,054.478 Mar 2020 quarterly Jun 2005 - Mar 2020
    Tax Revenue (USD mn) 49,233.333 2020 yearly 1996 - 2020
    Tax Revenue: % of GDP (%) 5.1 2020 yearly 1996 - 2020
    Government Debt: % of GDP (%) 8.3 Sep 2023 quarterly Mar 1998 - Sep 2023
    Forecast: Government Expenditure (IRR bn) 120,935,593.881 2030 yearly 1991 - 2030
    Forecast: Government Net Debt (IRR bn) 201,591,565.280 2029 yearly 1997 - 2029
    Forecast: Government Revenue (IRR bn) 49,697,235.080 2029 yearly 1991 - 2029
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) -0.334 2028 yearly 1980 - 2028
    Trade Balance (USD mn) 22,668.0 2021 yearly 1948 - 2021
    Total Exports (USD mn) 71,646.0 2021 yearly 1948 - 2021
    Total Exports Growth (%) 52.7 2021 yearly 1949 - 2021
    Aluminum: Exports (USD th) 960,124.146 2022 yearly 1995 - 2022
    Exports: Medicament (USD th) 74,489.339 2022 yearly 1995 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 118,020.140 2022 yearly 1995 - 2022
    Total Imports (USD mn) 60,308.7 2023 yearly 1979 - 2023
    Total Imports Growth (%) 13.8 2023 yearly 1980 - 2023
    Imports: Medicament (USD th) 983,181.900 2022 yearly 1995 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 737,849.362 2022 yearly 1995 - 2022
    Total Exports to USA (USD mn) 3.231 Jan 2024 monthly Feb 2016 - Jan 2024
    Total Imports from USA (USD mn) 15.441 Jan 2024 monthly May 2001 - Jan 2024
    Total Exports to China (USD mn) 393.205 Jan 2024 monthly Dec 1990 - Jan 2024
    Total Imports from China (USD mn) 1,705.501 Jan 2024 monthly Jan 1981 - Jan 2024
    Exports: IG: Plastic Materials and Their Products (USD mn) 4,333.000 2020 yearly 2002 - 2020
    Exports: Industrial Goods (IG) (USD mn) 34,704.000 2020 yearly 1979 - 2020
    Exports: Iraq (USD mn) 7,448.430 2021 yearly 1995 - 2021
    Exports: Germany (USD mn) 233.060 2021 yearly 1995 - 2021
    Exports: Russia (USD mn) 504.580 2021 yearly 1995 - 2021
    Exports: China (USD mn) 9,077.120 2021 yearly 1995 - 2021
    Exports (USD mn) 54,139.404 2023 yearly 1979 - 2023
    Imports: Miscellaneous Finished Products (MF) (USD mn) 1,455.590 2021 yearly 1979 - 2021
    Imports: Machinery and Transportation Vehicles (MT) (USD mn) 13,616.510 2021 yearly 1979 - 2021
    Imports: Foodstuffs and Live Animals (FA) (USD mn) 7,670.380 2021 yearly 1979 - 2021
    Imports: Chemicals (USD mn) 6,212.880 2021 yearly 1979 - 2021
    Imports: Mineral Products, Fuels, Industrial Oils and Grease (MP) (USD mn) 487.690 2021 yearly 1979 - 2021
    Imports: Natural Gas (Cub m bn) 0.300 2021 yearly 1974 - 2021
    Imports: China (USD mn) 9,843.010 2021 yearly 1995 - 2021
    Imports: Turkey (USD mn) 4,400.090 2021 yearly 1995 - 2021
    Imports: Germany (USD mn) 1,851.170 2021 yearly 1995 - 2021
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 156.0 2018 yearly 1997 - 2018
    Current Account Balance (USD mn) 14,204.8 2023 yearly 1997 - 2023
    Current Account Balance: % of GDP (%) 0.6 2023 yearly 1997 - 2023
    Foreign Direct Investment (USD mn) 838.3 2021 yearly 1997 - 2021
    Foreign Direct Investment: % of GDP (%) 0.1 2021 yearly 1997 - 2021
    Foreign Portfolio Investment (USD mn) 45.600 2021 yearly 1997 - 2021
    Foreign Portfolio Investment: % of GDP (%) 0.0 2020 yearly 1997 - 2020
    External Debt (USD mn) 6,281.7 2023 yearly 1994 - 2023
    External Debt: % of GDP (%) 0.3 2023 yearly 1994 - 2023
    External Debt: Short Term (USD mn) 1,792.1 2023 yearly 1994 - 2023
    External Debt: Short Term: % of GDP (%) 0.1 2023 yearly 1994 - 2023
    Forecast: Current Account Balance (USD bn) 18.440 2029 yearly 1980 - 2029
    BoP: CA: Goods (USD mn) 22,246.787 2023 yearly 1998 - 2023
    BoP: CA: Services (USD mn) -6,691.163 2023 yearly 1998 - 2023
    BoP: CA: Income (USD mn) -1,053.243 2023 yearly 1998 - 2023
    BoP: CA: Income: Debit (USD mn) 1,770.800 2022 yearly 1998 - 2022
    BoP: CA: Income: Credit (USD mn) 1,276.200 2022 yearly 1998 - 2022
    BoP: CA: Current Transfers: Debit (USD mn) 387.400 2022 yearly 1998 - 2022
    BoP: CA: Current Transfers: Credit (USD mn) 1,540.830 2022 yearly 1998 - 2022
    BoP: CA: Current Transfers (USD mn) -297.584 2023 yearly 1998 - 2023
    BoP: CA: CF: Capital Account: Credit (USD mn) 0.000 2021 yearly 1998 - 2021
    BoP: CA: Errors and Omissions (USD mn) 4,897.120 2023 yearly 1998 - 2023
    BoP: CA: CF: Capital Account: Debit (USD mn) -5,888.600 2021 yearly 1998 - 2021
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 7.3 Sep 2023 monthly Jan 2011 - Sep 2023
    Money Supply M1 (USD mn) 458,900.000 Feb 2024 monthly Dec 1999 - Feb 2024
    Money Supply M2 (USD mn) 1,852,283.333 Feb 2024 monthly Dec 1999 - Feb 2024
    M2 Growth (%) 27.5 Feb 2024 monthly Dec 2000 - Feb 2024
    Reserve Requirement Ratio (%) 10.0 Feb 2024 monthly Mar 2008 - Feb 2024
    Total Deposits (USD mn) 1,479.779 2022 yearly 1973 - 2022
    Total Deposits Growth (%) 31.0 2022 yearly 1974 - 2022
    Domestic Credit (USD mn) 276,897.2 Feb 2017 monthly Jan 1964 - Feb 2017
    Domestic Credit Growth (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
    Total Loans (USD mn) 236,845.352 2016 yearly 1967 - 2016
    Total Loans Growth (%) 23.00 2016 yearly 1968 - 2016
    Private Debt: % of Nominal GDP (%) 60.30 2016 yearly 1961 - 2016
    Money Supply: M2: Quasi Money (IRR bn) 57,286,000.000 Jan 2024 monthly Dec 1999 - Jan 2024
    Money Supply: M2: M1 (IRR bn) 18,433,000.000 Jan 2024 monthly Dec 1999 - Jan 2024
    Money Supply: Monetary Base (IRR bn) 10,335,100.000 Jan 2024 monthly Dec 1999 - Jan 2024

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